No the government does not allow most people to live to that age because of such heavy & double taxation scheme.e.g. Income tax, sales tax, service tax,house tax water tax etcetra.So at least 10% of people who luckily survive to that point should be completely exempted.
Sanjay is right... people that old getting taxed itself is a crime by the Govt...
If there is a limit for retirement so should b a limit for paying taxes...
unnecessary burden on the old people...
If govt. brings back the black money then the govt. need not to charge anybody for the taxes.
WHAT WILL HAPPEN IF A PERSON IS BORN ON 01-04-1932 .
WHETHER SUCH A PERSON SHALL BE CONSIDERED AS A SUPER CITIZEN
Paying tax is only 4 looting citizen's money by political parties
And these govt ppl pull money frm senior citizens also!!!!!!!
the govt should just say pay 10% of your earning no slabs no service tax no vat no cst flat 10% or may be 15% but flat all will fall into a flat bracket, there will be a smaller window for mistakes and avoiding taxes.
true no rebate on insurance, or property purchased, or installments flat X% i agree
Agree with Abhishek and Rohan
It makes a lot of sense
i ment for all but there should be no tax for Sr. citizens after retirement
Great blog, I just created an account here too.
Let us be rational and think in the interest of the country. Govt. expenses for providing you secured, peaceful, healthy life require money, you only have to pay if your income exceeds Rs. 5 lacs, that too after allowing all exemptions like Dividend, 80 C investment,insurence premia you pay etc.Imagin how Govt. can run Defence activities so technologically advanced and extremely costly all to be imported. And what about OIL, your every day need.
I think, pay what is legally required to pay. Also inculcate national obligatory spirit in your children
My name is Kaushik Joshi. I come from a town called Kolhapur in India. I am a CA Final Student dreaming Big...